NEW YORK-- General Growth Properties Inc. will replace Molex Inc. in the benchmark S&P 500 index, S&P Dow Jones Indices LLC said Wednesday. That's the day the $7.2 billion sale of Molex, an information technology company, to privately held Koch Industries Inc. is expected to close.» Read More
Bruce Flatt, CEO of Brookfield Asset Management, provides his perspective on where he is finding the best investment opportunities in the U.S. and explains why he sees "value opportunities" in Europe.
NEW YORK, July 30- Vornado Realty Trust and Oxford Properties, the real estate arm of an Ontario pension plan, are buying stakes in 650 Madison Avenue, joining two parties that had already agreed to acquire the Manhattan building for $1.3 billion, three sources told Reuters on Tuesday.
*2nd- qtr FFO 27 cents/ shr vs Wall Street forecast of 25 cents. NEW YORK, July 29- General Growth Properties Inc said on Monday it had a 17 percent increase in a key measure of quarterly profit, beating Wall Street expectations, and said it had reached an agreement to sell its stake in a Brazilian shopping center company.
NEW YORK, July 29- General Growth Properties Inc said on Monday it had a 17 percent increase in a key measure of quarterly profit, beating Wall Street expectations, and said it had reached an agreement to sell its stake in a Brazilian shopping center company.
CNBC's Adam Bakhtiar looks at shares of Singapore Press Holdings for the daily 'stock in 60' segment ' after the firm priced its real estate investment trust IPO at the top end of its indicative range.
Nathan Bell, Research Director at Intelligent Investor, discusses how Australian REITs may become the next hot topic as pain for the country's mining industry is expected to continue.
Just as the housing recovery was gaining steam, rising mortgage rates threw a wrench in it and turned down the heat. But it's not all bad news, not for rental apartments.
NEW YORK, June 26- The owners of the Empire State Building, an iconic part of New York's skyline, have received another unsolicited offer to buy the landmark skyscraper, which is set to become the centerpiece of a real state investment trust that would become publicly traded, according to a regulatory filing on Wednesday.
Marc Nemer, CEO of Cole Real Estate, discusses his company's listing on the NYSE. Cole is the second-largest public REIT.
Nick McGrath, CEO of AIMS AMP Capital Industrial REIT tells CNBC's Cash Flow why he thinks his REIT has outperformed its peers.
NEW YORK, June 13- Luxury hotel owner Strategic Hotels and Resorts Inc has hired investment bank Eastdil Secured to explore a possible sale of the real estate investment trust, two sources familiar with the matter said this week. Its shares rose 10.6 percent to $8.53 in late trading on the New York Stock Exchange after the news.
If you're working with limited capital, chances are you'll have to choose between two very different stocks. How do you do it?
As U.S. Treasury yields soar to a 52-week high, real-estate investment trusts still stand to gain, Land and Buildings CEO Jonathan Litt says.
Mid-America Apartment Communities is buying Colonial Properties Trust in an all-stock deal, expanding its presence in the South and Southwest portion of the U.S.
Jeffrey Schwartz, Co-founder & Chairman, Executive Committee at Global Logistic Properties, says the rise in bond yields in Japan does not bother him, and has not impacted the appeal of J-REITs.
Sam Zell, chairman of Equity Group Investments, said Colombia "may be the best country to invest in" for a number of reasons, including its growing oil production.
A New York judge said Monday he expects a decision soon in the increasingly controversial fight over whether to allow Malkin Holdings to roll the Empire State Building into a REIT.
The chairman of the largest owner of industrial real estate in Japan says demand has been booming thanks to "Abenomics."
The company that manages the Empire State Building is seeking approval to create a real estate investment trust that would allow the skyscraper become a publicly owned company.
Mapletree Greater China Commercial Trust rose as much as 10.2 percent in its debut, underscoring demand from yield-hungry investors after the Temasek-backed trust raised $1.3 billion in Singapore's biggest REIT offering.